4 months on rocket

Sale Pending

519 Cottonwood Dr, Salem, IL, 62881

$260,000

Home List Price

$3,088*

Closing Credit

5 Bedrooms
3 Full Baths
2,319 SqFt
$112/SqFt
House
Schools Nearby

Location

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519 Cottonwood Dr, Salem$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Paved
Attached Garage2 spaces
Year Built1981
HeatingNatural Gas, Forced Air, Central
FireplaceGas Log
MLS #EB451528
Lot Size0.22 Acres
StatusSale Pending
(Pending (No Showings))

About 519 Cottonwood Dr

This charming home has a fairy tale exterior with it's light blue siding and custom concrete work. Main floor living includes family spaces as well as the master bedroom and ensuite, and an additional full bath and 2nd bedroom/office. The family room has a cozy gas fireplace and access to the deck, patio, and backyard. The second floor is all kids with three spacious bedrooms, a full bath and a rec room. This home doesn't lack for storage with it's floored area over eaves, extra nooks in the garage, and storage shed. Ring security system, lots of custom shelving, French doors, newer furnace, ac hot water heater, roof, electrical receptacles, and gas insert in fireplace, many newer light fixtures, new flooring in three bedrooms, renovated bathrooms.

Property Details

Property Features

Property Information:

  • Architectural Style: One and Half Story
  • Year Built: 1981
  • Living Area: 2,319 SqFt

Listing Office:

  • Office Name: SOMER REAL ESTATE
  • Office Phone: (618) 548-5123
  • Listing Agent: RHONDA MULVANY

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Oven, Refrigerator
  • Basement: No
  • Interior: Blinds, Ceiling Fan(s), Garage Door Opener(s), Security System, Window Treatments
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Porch, Shed(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Paved

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central

School Info

Assigned Schools Information:

  • Salem Community High School, Public District Grades 9-12
  • Franklin Park Middle School, Public District Grades 4-8

Other

Directions Information:

  • Directions: North on North Broadway to Hardacre Road. Hardacre Road East to Briarwood. South on Briarwood to Cottonwood. East on Cottonwood to home on South side

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000
  • Price Per SqFt: $112/SqFt

Tax Information:

  • Annual Amount: $3,397
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Salem, IL.

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Salem, IL

City

Med. Sold Price

$129.3K

Med. Price/SqFt

$88

Avg. Days On Market

93

# of Sold Homes

7

519 Cottonwood Dr vs Salem

145 DAYS ON ROCKET

+52 Days

$260,000

+$130.6K More

$112/SqFt

+$23 More

KEY TAKEAWAY

This property is $130.6K more than the Median Sold Price and $23/SqFt more than other homes in Salem, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB451528

Listing Office:

  • Office Name: SOMER REAL ESTATE
  • Office Phone: (618) 548-5123
  • Listing Agent: RHONDA MULVANY

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:20:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,397$44,470
2019$3,328$42,840
2018$3,336$42,840
2017$34$43,250

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2167712
8
/10

  • Franklin Park Middle School

  • 1325 N Franklin St

  • 1.09 miles

  • Public District Grades 4-8

High School

school-card-donut-2167713
4
/10

  • Salem Community High School

  • 1200 N Broadway Ave

  • 0.76 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,659. Residents of Salem, IL typically earn less than $35k each year. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 519 Cottonwood Dr

What is the listing price of this property?

The listing price of 519 Cottonwood Dr property is $260,000.

What type of property is this?

The property 519 Cottonwood Dr is a house located in Salem, Illinois, 62881.

Is this property for sale now?

Sale Pending: 519 Cottonwood Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 519 Cottonwood Dr are:
Franklin Park Middle School: GreatSchools Rating 8/10
Salem Community High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,397 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 519 Cottonwood Dr has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 519 Cottonwood Dr is 2,319 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 519 Cottonwood Dr is 1981.

Rocket Homes›Illinois›Marion County›Salem›62881›519 Cottonwood Dr

This home is located at 519 Cottonwood Dr in Salem, IL and zip code 62881. This 2,319 square foot home, which was built in 1981, sits on a 0.22 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 04, 2023 and is currently priced at $260,000.

While more than 2 listings in Salem, IL in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. The inventory of homes for sale in Salem, IL between February 2024 and March 2024 increased by 31%. While the average time on the market in March 2024 was 93 days, the median list price was $129,350.

From Rocket Homes Real Estate and based on county public records data.

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